True or false: In solving a classical capital budgeting problem using binary linear programming (BLP), the objective

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True or false: In solving a classical capital budgeting problem using binary linear programming (BLP), the objective function can be either the sum of present worths or the sum of annual worths without affecting the optimum investment portfolio.

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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